Churchill Downs’ historical horse racing venues in Virginia generated $50.5 million in October, 34% more than a year earlier and 4.5% higher after market changes, according to reported figures. Roseshire, which opened in Henrico County on 29 September, recorded $2.8 million for October and averaged $519 per machine per day.
Roseshire’s October debut contributed revenue as Virginia historical horse racing venues grew year over year.
Quarter ended 30 September 2026
The day’s most important stories, free. One email a day.
Churchill Downs reported third-quarter revenue of $696m, up 2% year on year, and adjusted EBITDA of $264m, up 1%. Net income reached $80m, an increase of $42m; the company also said it completed the acquisition of 49% of United Tote from NYRA and extended their tote-services agreement through 2035.
Revenue for the third quarter reached a record $696 million at Churchill Downs, according to an announcement the company made on Wednesday. That represented a rise of $13 million, or 2%, from the same period a year earlier. Adjusted EBITDA set a record at $264 million, an increase of $2 million, or 1%. Net income also hit a record, at $80 million, which was $42 million higher.
Churchill Downs reported second-quarter revenue of $980 million, up 5% year on year, and said adjusted EBITDA rose 6% to $477 million. Separately, it agreed to acquire NYRA Content Management Solutions’ remaining 49% stake in United Tote, with closing expected around 5 August subject to customary conditions.
Churchill Downs reported first-quarter 2026 net revenue of $663 million, up $20 million, or 3%, year on year. Net income attributable to the company was $83 million, while adjusted EBITDA reached $257 million. The company also said it plans to invest $180 million to $200 million in Rockingham Grand Casino, due to open in mid-2027.
J.P. Morgan and Bank of America analysts said first-quarter results will reflect weaker consumer sentiment and pressure on digital gaming from prediction markets. Bank of America reported gaming stocks down 6% for the year, with US operators up 1%, Macau operators down 14% and digital and online gaming stocks down 36%.
Churchill Downs Incorporated reported fourth-quarter 2025 net revenue of $665.9m, up 7% from $624.2m a year earlier, while net income attributable to the company fell 28% to $51.3m. Full-year revenue increased to $2.93bn from $2.73bn, and net income declined to $383.0m from $426.8m in 2024.